DBRS Confirms Ratings on 10 Classes from Two RMBS Transactions Based on Subservicer Assignment
RMBSDBRS, Inc. has confirmed its outstanding ratings on 10 classes from two U.S. Residential Mortgage-Backed Securities (RMBS) transactions based on a review of the assignment of Select Portfolio Servicing, Inc. (“the Subservicer”) to service certain residential mortgage loans, REO Properties and pools of residential mortgage loans (together, “Mortgage Loans”) on behalf of Bank of America, National Association (“the Servicer”) pursuant to the subservicing agreement, effective as of February 13, 2012.
Notes:
The applicable methodologies are US RMBS Surveillance, RMBS Insight: U.S. Residential Mortgage-Backed Securities Loss Model and Rating Methodology and Operational Risk Assessment for U.S. RMBS Servicers, which can be found on our website under Methodologies.
This rating is endorsed by DBRS Ratings Limited for use in the European Union.
Ratings
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